Economy

Investments in India rose by 65% between 2014-15 and 2022-23

Investments in the country have risen by 65 per cent between 2014-15 and 2022-23, from Rs 32,78,096 crore to Rs 54, 34,691 crore.

The government and private sector together invest in the economy, which is indicated by Gross Fixed Capital Formation (GFCF) in the Indian economy.

This GFCF was Rs 32.78 lakh crore (constant 2011-12 prices) in 2014-15, which rose by 65 per cent to Rs

54.35 lakh crore in 2022-23 (as per provisional estimates).

To spur investments in the country, the government also implements the scheme for special assistance to states for capital expenditure and a scheme for special assistance to states for capital investment.

Centre has approved and released special assistance in the form of 50-years interest free loan for capital expenditure on capital projects, including capital projects pertaining to sectors like health, education, irrigation and power, etc.

Foreign direct investments (FDI) into India have also continuously risen since 2014-15.

In the last seven financial years between 2014-15 and 2021-22, over $443 billion worth of FDI inflows have come into the country.

Also read: Morgan Stanley upgrades India rating, cuts China’s

IANS

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

13 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

13 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

15 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

15 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

17 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

18 hours ago